David Tice on King World News | Part 3/4

[Tunedup81]

I'm trying to figure out where my deflation is.. I mean, Gas is $3/Gal, Food for me has risin to 200 bucks every two weeks. my rent is 595 bucks for a single room apt. I'm waiting for deflation lol.. just not seeing it i guess.. medical insurance keeps rising.. guess I'm not buying the devalued items.. microwaves? whats devalued? then maybe i can get my hands on some "Good" buys.. lol

[vinny1010]

Just 10 or 20%? More like 90% in precious metals - or 95%. Remember, Precious Metals are liquid so if you need cash, you can quickly sell and it that cash if you are in a bind. Low percentage holding of PMs should only be followed if in a non-economic crisis, but not during these times.

[panther9mm]

Yeah, that's what I'm talking about. Then I can buy a whole ounce of gold.